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2232 Laneway Drive
About This Property
Welcome to 2232 Laneway Drive! This well-maintained home offers a functional floor plan with spacious living areas, a bright kitchen, and comfortable bedrooms. The primary suite features a private bath and generous closet space, while the additional bedrooms provide flexibility for family, guests, or a home office. Enjoy a fully fenced backyard with plenty of room to relax or entertain. Conveniently located near shopping, restaurants, schools, and major highways, this home is move-in ready and offers great value in a desirable location.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 8, 2026 | Price Decreased |
$199,999
↓ $12K
(5.7%) | |
| Price Decreased | |||
| Sep 15, 2026 | Price Decreased |
$212,000
↓ $5K
(2.3%) | |
| Price Decreased | |||
| Aug 17, 2026 | Price Decreased |
$217,000
↓ $3K
(1.4%) | |
| Price Decreased | |||
| Jul 9, 2026 | Listed by eXp Realty, LLC | $220,000 | |
| Listed by eXp Realty, LLC | |||
| Nov 9, 2022 | No longer available | - | |
| No longer available | |||
Property Highlights
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About South Oklahoma City
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017